Tickets Sales Policy for Two-stage Fares Airline considering Unidirectional Substitution of Cabin and Swapping Applications

DOI

10.2991/icsem.2013.149How to use a DOI?

Keywords

revenue management, sales policy, unidirectional substitution, swapping applications

Abstract

Tickets sales policy of two routes for two-stage fares airline are studied under the following three conditions in this paper: neither unidirectional substitution of cabin nor swapping applications is considered, only unidirectional substitution of cabin is considered, both unidirectional substitution of cabin and swapping applications are considered. We formulate the corresponding decision model and derive the optimal tickets amount and expected revenue. It shows that compared with the condition that neither unidirectional substitution of cabin nor swapping applications is considered, when only unidirectional substitution of cabin is considered, the expected optimal tickets amount and expected revenue increase; compared with the condition that only unidirectional substitution of cabin is considered, when both unidirectional substitution of cabin and swapping applications are considered, the expected optimal tickets amount and expected revenue increase.

Copyright

© 2013, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Fengchao Wang
AU  - Zhenxiu Mo
AU  - Cui Li
PY  - 2013/04
DA  - 2013/04
TI  - Tickets Sales Policy for Two-stage Fares Airline considering Unidirectional Substitution of Cabin and Swapping Applications
BT  - Proceedings of the 2nd International Conference On Systems Engineering and Modeling (ICSEM 2013)
PB  - Atlantis Press
SP  - 728
EP  - 733
SN  - 1951-6851
UR  - https://doi.org/10.2991/icsem.2013.149
DO  - 10.2991/icsem.2013.149
ID  - Wang2013/04
ER  -